0.35 /
0.32%
107.75
NAV on 2021/03/01
NAV on 2021/02/26 |
107.4 |
52 week high on 2021/02/11 |
107.82 |
52 week low on 2020/04/03 |
101.4 |
Total Expense Ratio on 2020/09/30 |
0.72 |
Total Expense Ratio (performance fee) on 2020/09/30 |
0 |
Bond Funds |
164.19 |
15.23% |
Fixed Interest |
165.27 |
15.33% |
Liquid Assets |
107.53 |
9.97% |
Money Market |
20.43 |
1.90% |
SA Bonds |
529.25 |
49.09% |
Specialist Securities |
91.49 |
8.49% |
U-ACOREIN |
165.27 |
15.33% |
U-ABSABON |
164.19 |
15.23% |
U-SATSP50 |
91.49 |
8.49% |
MM-20MONTH |
20.43 |
1.9% |
Management company:
Absa Fund Managers (RF) (Pty) Ltd. |
Formation date:
2017/06/14 |
ISIN code:
ZAE000244158 |
Short name:
U-TACTINC |
Risk:
Unknown |
Sector:
South African--Multi Asset--Income |
Benchmark:
3 Month JIBAR + 2.5% p.a |
James Turp
James Turp is the Head of Fixed Income as well as a Portfolio Manager. Responsible for money market, cash plus, income funds, multi asset income funds, inflation linked and bond mandates. He has over 28 years of financial market and investment experience, managing and trading fixed income and currency portfolios. Asset management, Bank as well as parastatal corporate treasury experience.
ABSA Tactical Income Fund comment - Dec 19
2020/02/13 00:00:00
The Fund Commentary is provided on a quarterly basis and can be found on www.absainvestmentmanagement.co.za under Unit Trusts Minimum Disclosure Documents. The latest quarterly commentary available is for the quarter ending 31 December 2019.
The Fund will be actively managed to allow cycle-based tactical allocations along the yield curve, which are specific to prevailing market conditions, with the aim to achieve risk adjusted performance returns in excess of money market yields or traditional yield depending on the interest rate cycle. Securities to be included in the fund will be assets in liquid form, interest bearing securities, other non-equity securities acquired on the exchanges (as legislation permits), equity securities-as per the ASISA SA Multi Assets Income category limits , and any other income bearing instrument and securities that the Act may from time to time allow and which are considered consistent with the portfolio's primary objective and allowed by regulations as may change from time to time, listed and unlisted instruments, all to be acquired at fair market prices.